TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015

Name of foundation
Hattie A & Marie V Fatz Foundation

Number and street (or P.O. box number if mail is not delivered to street address)1 N LaSalle Street Room 3000
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Chicago, IL60602

A Employer identification number

36-3818697

B Telephone number (see instructions)

(312) 782-7320

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,020,382J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check Sch. B .............
3	Interest on savings and temporary cash investments	144		144
4	Dividends and interest from securities...	30,277		30,277
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-9,841
b	Gross sales price for all assets on line 6a 81,685
7	Capital gain net income (from Part IV, line 2)...			5,271
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		4,384	4,384
12	Total. Add lines 1 through 11........	24,964		40,076
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		10,000	10,000
b	Accounting fees (attach schedule).......		7,000	7,000
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		397	397
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	17,397		17,397	0
25	Contributions, gifts, grants paid.......	55,000			55,000
26	Total expenses and disbursements. Add lines 24 and 25	72,397		17,397	55,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-47,433
b	Net investment income (if negative, enter -0-)			22,679
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	5,838	18,860	18,860
	2	Savings and temporary cash investments.........	44,126	9,379	9,370
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,518	1,491	470
	b	Investments—corporate stock (attach schedule).......	1,014,458	987,778	991,682
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,065,940	1,017,508	1,020,382
	17	Accounts payable and accrued expenses..........		3,000
	18	Grants payable..................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		3,000
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	1,065,940	1,014,508
	30	Total net assets or fund balances (see instructions).....	1,065,940	1,014,508
	31	Total liabilities and net assets/fund balances (see instructions).	1,065,940	1,017,508

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

1,065,940

Enter amount from Part I, line 27a .....................

-47,433

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

1,018,507

Decreases not included in line 2 (itemize) bullet

3,999

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

1,014,508

Form 990-PF (2015)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1a
b
c
d
e

(e) Gross sales price		(f) Depreciation allowed (or allowable)	(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	5,271
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2014	70,817	1,079,875	000.065579
2013	69,807	1,094,581	000.063775
2012	70,000	1,181,893	000.059227
2011	60,000	1,076,011	000.055762
2010	60,000	1,066,853	000.056240

Total of line 1, column (d) .....................

2000.300583

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .

000.060117

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

1,064,605

Multiply line 4 by line 3......................

64,001

Enter 1% of net investment income (1% of Part I, line 27b)...........

227

Add lines 5 and 6........................

64,228

Enter qualifying distributions from Part XII, line 4.............

55,000

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2015)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	454
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3	454
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	454
6	Credits/Payments:

a	2015 estimated tax payments and 2014 overpayment credited to 2015	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	250
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	250
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	204
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

Telephone no. bullet

(312) 782-7320

Located at bullet

1 N LaSalle St Suite 3000ChicagoIL ZIP+4 bullet

606024003

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2015?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2015, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2015?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2015 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2015.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2015?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2015)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Kenneth F Theisen	Trustee 001.00	0
1 N LaSalle Ste 3000 Chicago,IL60602	Trustee 001.00	0
Herbert J Theisen	Trustee 001.00	0
1 N LaSalle Ste 3000 Chicago,IL60602	Trustee 001.00	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances










Total number of other employees paid over $50,000...................

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	None	0
2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1	N/A
2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,002,623

Average of monthly cash balances.......................

78,194

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,080,817

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,080,817

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) Click to see attachment

.............................

16,212

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,064,605

Minimum investment return. Enter 5% of line 5..................

53,230

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

53,230

Tax on investment income for 2015 from Part VI, line 5......

454

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

454

Distributable amount before adjustments. Subtract line 2c from line 1............

52,776

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

52,776

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

52,776

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment

..........

55,000

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

55,000

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

55,000

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2015)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7			52,776
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2015:
a From 2010......	7,567
b From 2011......	7,011
c From 2012......	11,423
d From 2013......	15,464
e From 2014......	17,189
fTotal of lines 3a through e........		58,654
4Qualifying distributions for 2015 from Part
XII, line 4: $ 55,000
a Applied to 2014, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions)........
d Applied to 2015 distributable amount.....			52,776
e Remaining amount distributed out of corpus		2,224
5 Excess distributions carryover applied to 2015.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		60,878
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...		7,567
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		53,311
10 Analysis of line 9:
a Excess from 2011....	7,011
b Excess from 2012....	11,423
c Excess from 2013....	15,464
d Excess from 2014....	17,189
e Excess from 2015....	2,224

Form 990-PF (2015)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2015, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2015	(b) 2014	(c) 2013	(d) 2012	(e) Total
	0	18,925		7,883	26,808
b 85% of line 2a .........		16,086		6,701	22,787
c Qualifying distributions from Part XII, line 4 for each year listed .....	55,000	71,000	70,000	70,000	266,000
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	55,000	71,000	70,000	70,000	266,000
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...	35,487	35,996	36,486	39,397	147,366
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

Kenneth F Theisen
1 N LaSalle St Ste 3000
Chicago,IL60602
(312) 782-7320

bThe form in which applications should be submitted and information and materials they should include:

Letter Including program information and copy of IRS not for profit status

cAny submission deadlines:

November 30

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

None

Form 990-PF (2015)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Ann and Robert Lurie Childrens Hospital 21W421 Briar Cliff Rd Chicago,IL60148	None	EOF	Childrens medical research	20,000
Housing Opportunity for Women 70 E Lake St Ste 1300 Chicago,IL60601	None	EOF	Womens welfare	5,000
Tender Loving Care Animal Shelter 224 S Michigan Ave Chicago,IL60604	None	EOF	Animal Welfare	5,000
Grant Park Orchestral Assoc 29 S LaSalle St Ste 440 Chicago,IL60603	None	EOF	Music education and performance	15,000
The Joffery Ballet 1930 Glenview Rd Glenview,IL60025	None	EOF	Arts education and performance	5,000
Chicago Architectural Foundation PO Box 1581 Arlington Heights,IL60006	None	EOF	Education	2,500
The Thomas More Society 205 E Randolph Chicago,IL60601	None	EOF	Legal Education	2,500
Total ................................. 3a				55,000

bApproved for future payment

Total ................................. 3b

Form 990-PF (2015)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	144
4 Dividends and interest from securities....			14	30,277
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....			14
8 Gain or (loss) from sales of assets other than inventory ............			18	-5,457
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				24,964

13Total. Add line 12, columns (b), (d), and (e)..................

1324,964

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2015)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:	15000290
Software Version:	15.3.0.0
Part VI Line 7 - Tax Paid with the Original Return:	250

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2015 AccountingFeesSchedule

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Sandor Accounting Services	7,000	7,000

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2015 GainLossSaleOtherAssetsSch

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
Peabody Energy	2012-01	P	2015-10	6	194	-188
NII Holding Inc.	2009-09	P	2015-07		2,458	-2,458
NII Holding Inc.	2012-01	P	2015-07		4,316	-4,316
Consol Energy	2010-04	P	2015-06	2,380	4,468	-2,088
Consol Energy	2010-09	P	2015-06	2,380	3,568	-1,188
Prospect Capital	2010-12	P	2015-06	7,504	10,921	-3,417
Polypore Intl	2011-08	P	2015-08	6,050	5,884	166
Stonemor Partners	2013-05	P	2015-06	8,900	8,259	641
Mylan Inc	2013-07	P	2015-03	5,770	3,237	2,533
Teva Pharmaceutical	2012-10	P	2015-06	11,830	8,131	3,699
Air Products	2010-02	P	2015-06	14,283	7,105	7,178
Mylan Inc.	2013-06	P	2015-03	17,311	9,477	7,834
Thornburg Mtg	2004-02	P	2015-12		23,508	-23,508

- TIN:

TY 2015 GeneralExplanationAttachment

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Identifier	Return Reference	Explanation

- TIN:

TY 2015 InvestmentsCorpStockSchedule

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Name of Stock	End of Year Book Value	End of Year Fair Market Value
600 shares of Apollo Investment Corp	14,159	3,132
300 shares of Johnson Controls	8,526	11,847
200 shares of Mosaic Co	14,267	5,518
200 shares of Couer d Alene Mines Corp	3,499	496
100 shares of DuPont	23,588	6,660
400 shares of Tortoise MLP Fund	10,000	6,944
400 shares of Chesapeake Energy Corp	13,014	1,800
160 shares of Exxon	5,490	12,472
1148 shares of Frontier Communications	9,606	5,361
200 shares of Illinois Tool Works	9,517	18,536
1000 shares of General Electric	28,756	31,150
28 shares of Seventy Seven Energy Inc		29
100 shares of IBM	5,072	13,762
400 shares of Macquire Infrastructure CO LLC	10,000	7,620
580 shares of Impac Mortgage Holding REIT	24,049	10,440
500 shares of Manitowoc Co, Inc.	12,257	7,675
400 shares of Pfizer	34,722	12,912
300 shares of Altria Group	6,981	17,463
200 shares of Proctor Gamble	5,730	15,882
1000 shares of Realty Income Corp	7,445	51,630
400 shares of ATT	26,644	13,764
200 shares of Chicago Bridge Iron	2,514	7,798
200 shares of United Technologies	4,514	19,214
300 shares of Petroleo Brasiliero ADR	10,576	1,290
200 shares of Verizon	9,585	9,244
1321 shares of Franklin Gold Precious Metals	23,242	14,539
3115 shares of Fundamental Investors	94,322	157,962
500 shares of Vale SA ADR	13,872	1,645
1000 shares of John Hancock Premium Dividend Fd II	11,392	13,710
900 shares of Veolia Environmental	21,967	21,376
100 shares of 3M Corp	7,276	15,064
1007 shares of Zweig Total Return Fund	34,016	12,265
500 shares of General Motors 7.25	12,500
300 shares of Consolidated Water Co	4,555	3,672
200 shares of Cliffs Natural Resources	11,950	316
1000 shares of Voya Global Equity Dividend	20,000	7,000
200 shares of JP Morgan Chase	7,286	13,206
299 shares of Tortoise Energy Capital	9,850	8,318
200 shares of Bunge Ltd	12,191	13,656
600 shares of Conoco Phillips	23,720	28,014
200 shares of Schlumberger	12,175	13,950
300 shares of Freeport-McMoran Copper Gold	11,325	2,031
200 shares of Unitedhealth Group	7,473	23,528
200 shares of Honeywell Intl	10,418	20,714
200 shares of Potash Corp Saskatchewan	9,750	3,424
500 shares of Weatherford Intl	10,445	4,195
300 shares of American International Group	9,974	18,591
200 shares of American Tower Corp REIT	14,472	19,390
400 shares of Cerner Corp	14,980	24,068
100 shares of Chart Industries Inc.	7,318	1,796
500 shares of Cisco Systems	10,544	13,578
600 shares of CSX Corp	13,595	15,570
500 shares of EMC Corp Mass	13,469	12,840
100 shares of WW Grainger	20,109	20,259
1000 shares of Molycorp Inc.	9,570	23
500 shares of Morgan Stanley	9,336	15,905
500 shares of Omega Healthcare REIT	10,837	17,490
400 shares of Pan American Silver	9,759	2,600
13 shares of Peabody Energy	7,560	100
100 shares of Suburban Propane Partners LP	3,434	2,431
200 shares of Triumph Group	13,551	7,950
300 shares of Valero Energy Corp	7,511	21,213
500 shares of Allscripts Healthcare Solutions	6,841	7,690
500 shares of Corning Inc.	7,287	9,140
400 shares of Digital Global Inc	12,791	6,264
300 shares of Hertz Global Hldg	8,011	4,269
300 shares of ITC Holding	9,453	11,775
400 shares of Mylan NV	23,081	21,628
675 shares of Brookfield Total Return Fd	23,941	14,816
500 shares of India Fund	10,960	11,370
400 shares of First Tr Energy Income Growth Fd	10,000	9,200
200 shares of Baxalta Inc		7,806
200 shares of Baxter Intl	13,770	7,630
100 shares of Bristol Myers Squibb	6,681	6,879
20 shares of Chemours Co		107
100 shares of Varian Med Sys	8,707	8,080

- TIN:

TY 2015 LegalFeesSchedule

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Tews,Theisen Theisen	10,000	10,000

- TIN:

TY 2015 OtherDecreasesSchedule

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Description	Amount
Prior period adjustment	3,999

- TIN:

TY 2015 OtherExpensesSchedule

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Description	Revenue and Expenses per Books	Net Investment Income
Filing Fees	25	25
Bank Service Charge	329	329
Supplies	43	43

- TIN:

TY 2015 OtherIncomeSchedule2

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Partnership Distributions	3,454	3,454
Income tax refund	930	930

- TIN:

TY 2015 TaxesSchedule

Name:

Hattie A & Marie V Fatz Foundation

EIN:

36-3818697

Software ID:

15000290

Software Version:

15.3.0.0

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes